Global Healthcare Market Outlook, 2019
With the Rise in Focus on Value-based Care, Technology Convergence will Drive Care Delivery Innovation
26-Dec-2018
North America
Market Outlook
Globally, 2019 will be a year of value-based care, as ‘outcome-based care’ focus will globalize. This will trigger the maturation of risk-sharing in solution contracting between providers and drug/device OEMs, driving business value for providers. Access to affordable and quality care will be key political agendas for the upcoming 2019 elections in emerging markets such as Asia, Africa, and Central and Eastern European countries. Future drugs and devices R&D investments will be more targeted to meet the unique needs of emerging markets.
As the lines between retail, IT, and healthcare markets continue to blur, digital marketplace providers such as Amazon will dominate the home health space, but will find it difficult to compete in the traditional B2B hospital/providers space dominated by established participants. Non-traditional participants such as Amazon, Ali Health, Microsoft, and IBM with digital technologies will provide the required impetus to public health systems to ensure accessibility and affordability of care. During 2019, digital health will start to come of age—favorable reimbursement policies toward clinically relevant digital health applications will expand care delivery models beyond physical medicine to include behavioral health, digital wellness therapies, dentistry, nutrition, and prescription management.
Research Scope
In this research deliverable, Frost & Sullivan provides bold perspectives and predictions for the global healthcare market in 2019. The sectors covered include pharmaceuticals and biotech, in-vitro diagnostics, medical technologies, medical imaging, and healthcare IT. The analysis captures sectoral and regional trends and provides predictions for the upcoming year. The study provides guidance on where to find the greatest opportunities for expansion.
Key Features
Predictions for the global healthcare market in 2019 include:
- Value-based care progressing globally
- Artificial Intelligence (AI) exploding across the healthcare and life sciences ecosystem post flagship level use cases yielding positive results
- Digital health coming of age with increased focus on individual care
- Asia becoming the new local innovation hub for global drug and device OEMs
- Healthcare data analytics focus shifting from Big Data to meaningful small data by hospital specialty
- Healthcare to be a dominant vertical in voice applications as HIPAA-compliant voice and chatbot applications for healthcare gain prominence
- Blockchain move from hype to reality with initial commercial implementations across focused B2B enterprise blockchain applications
- Innovative private insurance models shaking up the healthcare payer market
Key Issues Addressed
- What are the top predictions for healthcare markets in 2018?
- What are the market revenues and growth rates expected for the global healthcare market?
- What are the key projections and growth opportunities for major healthcare market segments?
- What are the major macro and micro-regional/country-level trends specific to the healthcare market?
- What are the key technologies and growth opportunities to watch out for during 2018?
Author: Kamaljit Behara
Research Scope
Key 2019 Healthcare Market Predictions
Key 2019 Healthcare Market Predictions (continued)
Global Healthcare Market Revenue—2018 and 2019
2019 Global Prospective—Developed Markets
2019 Global Prospective—Emerging Markets
2018 Predictions Retrospective
Key Global Healthcare Market Predictions for 2018
Key Global Healthcare Market Predictions for 2018 (continued)
Global Healthcare Revenue by Sector in 2018 and 2019
Global Healthcare Revenue by Region in 2018 and 2019
Prediction 1—Outcomes Focus Globalizes
Prediction 2—AI Exploding Across the Healthcare and Life Sciences Ecosystem
Prediction 3—Digital health Coming of Age with Increased Focus on Individual Care
Prediction 4—Asia the New Local Innovation Hub for Global Drug and Device OEMs
Prediction 5—Healthcare Data Analytics Focus Shifting from Big Data to Meaningful Small Data by Hospital Specialty
Prediction 6—Healthcare to be a Dominant Vertical in Voice Applications
Prediction 7—Blockchain Move from Hype to Reality with Initial Commercial Implementations
Prediction 8—Innovative Private Insurance Models Shaking up the Healthcare Payer Market
2019 Global Predictions—The United States
2019 Global Predictions—Latin America
2019 Global Predictions—Europe (excluding the UK)
2019 Global Predictions—The UK
2019 Global Predictions—The Middle East
2019 Global Predictions—India
2019 Global Predictions—China
2019 Global Predictions—Africa
2019 Global Predictions—Japan
2019 Regional Outlook—Australia and New Zealand
2019 Global Predictions—South Korea
2019 Global Predictions—ASEAN
2019 Market Snapshot—Pharmaceuticals and Biotechnology
Pharmaceuticals and Biotechnology—Key Growth Opportunities
Pharmaceuticals and Biotechnology—Companies to Watch Out For
2019 Market Snapshot—IVD
IVD—Key Growth Opportunities
IVD—Companies to Watch Out For
2019 Market Snapshot—Medical Technologies
Medical Technologies—Key Growth Opportunities
Medical Technologies—Companies to Watch Our For
2019 Market Snapshot—Medical Imaging Equipment
Medical Imaging Equipment—Key Growth Opportunities
Medical Imaging—Companies to Watch Out For
Key 2019 Market Snapshot—HIT
2019 HIT—Key Growth Opportunities
HIT—Companies to Watch Out For
Concluding Thought
Legal Disclaimer
Market Definition—Pharmaceuticals and Biotechnology
Market Definition—IVD
Market Definition—Medical Technologies
Market Definition—Medical Technologies (continued)
Market Definition—Medical Imaging Equipment
Market Definition—HIT
List of Exhibits
The Frost & Sullivan Story
Value Proposition—Future of Your Company & Career
Global Perspective
Industry Convergence
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Research Scope
In this research deliverable, Frost & Sullivan provides bold perspectives and predictions for the global healthcare market in 2019. The sectors covered include pharmaceuticals and biotech, in-vitro diagnostics, medical technologies, medical imaging, and healthcare IT. The analysis captures sectoral and regional trends and provides predictions for the upcoming year. The study provides guidance on where to find the greatest opportunities for expansion.
Key Features
Predictions for the global healthcare market in 2019 include:
- Value-based car
Deliverable Type | Market Outlook |
---|---|
No Index | No |
Podcast | No |
Author | Kamaljit Behera |
Industries | Healthcare |
WIP Number | K319-01-00-00-00 |
Is Prebook | No |
GPS Codes | 9564-B1,9575-B1,9600-B1,9612-B1,9AD7-B1,9562-B1,9566-B1,9570-B1,9571-B1,9573-B1,99BC-B1,99C1-B1,99C6-B1,9A47-B1,9A48-B1,9A49-B1,9A4B-B1,9568-B1,9611-B1,9614-B1,9627-B1 |